How much does Venmo charge for an instant transfer?
Venmo charges a fee for instant transfers. At that time, the fee was 1% of the total transferred amount, with a minimum fee of $0.25 and a maximum fee of $10. It's important to note that fees and policies can change over time, so I recommend checking Venmo's official website or contacting their customer support for the most up-to-date information regarding fees for instant transfers. How long does Venmo instant transfer take? Venmo's instant transfer feature allows you to transfer funds from your Venmo account to an eligible bank account instantly. This means that once the transfer is initiated, the funds should typically appear in your bank account within minutes. However, it's worth noting that there can be some factors that might affect the timing of the transfer. For example, the availability and processing times of your specific bank or financial institution may play a role. Additionally, certain situations such as high transaction volumes or technical issues coul